A New Society of Actuaries (SOA) and Actuarial Foundation Report Identifies Benefits and Gaps with Retirement Planning Software.
Retirement Planning Software and Post-Retirement Risks highlights the need for more long-term retirement planning following the economic downturn. The report focuses on assessing the benefits and gaps with retirement planning software and provides recommendations to refine these tools to help individuals be more prepared for the future.
The report analyses 12 financial planning software programs and finds that s software packages need to better address key planning drivers such as: Longevity, unexpected events and risks, housing, social security and annuities.
